GWP grows to £393.3m at Esure
Profit before tax also increases 44.6% for the first half of 2017.
Insurer Esure reported increased GWP of £393,3m for the first half of 2017, up from the £320.4m reported for the same period last year.
Profit before tax from continuing operations also went up to £45.1m an increase of 44.6% (HY 2016: £31.2m).
The insurer’s COR also improved to 96.6% from 99.2% and in force policies also grew to 2.25m from 2.07m in the same period last year.
The insurer put the results down to disciplined underwriting and an expansion programme.
Growth
Stuart Vann, chief
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